---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-26-000430"
form_type: "8-K"
ticker: "GRUSF"
cik: "0001463000"
company_name: "Grown Rogue International Inc."
filed_at: "2026-05-12T21:16:23+00:00"
generated_at: "2026-05-12T21:19:17.691722+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grown Rogue Q1 2026 revenue up 28% to $9.2M, net loss $2.2M; raises 2026 revenue guidance to $34-37M

## Summary
- Revenue $9.2M (+28% YoY), GAAP net loss $2.2M vs income $0.7M a year ago; adjusted EBITDA $1.6M (17.1% margin).
- New Jersey Phase II underway: first extra flower room harvest this month, capacity to double by year-end.
- 2026 revenue guidance raised to $34-37M from prior $32-35M; reiterated EBITDA and 2027 outlook.
- Michigan revenue down ~4% ex excise tax; Oregon up ~4%; both mature markets under pricing pressure.
- New vape line launched in Oregon; Minnesota Phase I on track for late Q3 2026; Illinois operations starting this quarter.

## SEC filing metadata
- accession: 0001279569-26-000430
- form_type: 8-K
- ticker: GRUSF
- cik: 0001463000
- company_name: Grown Rogue International Inc.
- filed_at: 2026-05-12T21:16:23+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463000/000127956926000430/0001279569-26-000430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463000/000127956926000430/grownrogueint8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-26-000430
- JSON: https://secwatch.observer/filing/0001279569-26-000430.json
- Plain text: https://secwatch.observer/filing/0001279569-26-000430.txt

## Key facts
- Earnings Releases
  Grown Rogue International Inc. reported the three months ended March 31, 2026 results: revenue $9.2 million, net income GAAP net loss of $2.2 million. Guidance raised.
  - Period: the three months ended March 31, 2026
  - Revenue: $9.2 million
  - Net income: GAAP net loss of $2.2 million
  - Guidance: raised
  - Result: reported results
  source text: Garden State, LLC ("ABCO"), within the Company's financial statements. Comparative periods have been recast, where applicable, in accordance with GAAP. Highlights: • Revenue of $9.2 million for the first quarter of 2026, compared to $7.2 million in the first quarter of 2025, an increase of approximately 28%, with growth driven largely by material revenue increases
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463000/000127956926000430/0001279569-26-000430-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.